Think It’s Better To Wait for a Recession Before You Move? Think Again.

Written by Palm Harbor FL Mortgage Syndicated User on July 1, 2025. Posted in Economy, For Buyers, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move.A recent survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) shows 68% of people are delaying plans to buy or sell due to economic uncertainty.But it may not be for the reason you think. Not everyone is holding off because they’re worried. Some buyers are waiting because they’re hopeful. According to Realtor.com:“In 2025Q1, 3 in 10 (29.8% of) surveyed homebuyers said a...

Real Estate Is Voted the Best Long-Term Investment 12 Years in a Row

Written by Palm Harbor FL Mortgage Syndicated User on June 1, 2025. Posted in Economy, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsIn a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now.That’s because homeownership is one of the top ways to build your wealth, even with home price growth moderating and ongoing economic uncertainty.If you’ve been trying to decide if it makes sense to buy a home today, connect with an agent to talk about the programs that can help you become a homeowner.

What an Economic Slowdown Could Mean for the Housing Market

Written by Palm Harbor FL Mortgage Syndicated User on May 1, 2025. Posted in Economy, For Buyers, Home Prices, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power.Let’s take a look at some historical data to show what’s happened in the housing market during each recession, going all the way back to the 1980s. The facts may surprise you.A Recession Doesn’t Mean Home Prices Will FallMany people think that if a recession hits, home prices will fall like they did in 2008. But that was an exception, not the rule. It was the only time the market saw such a...

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

Written by Palm Harbor FL Mortgage Syndicated User on May 1, 2025. Posted in Economy, Foreclosures, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear. But don’t let that scare you.If you put the latest data into context, it’s clear there’s no reason to think this is a repeat of the last housing crash.This Isn’t Like 2008While it’s true that foreclosure filings ticked up in...

Is It Time To Put Your House Back on the Market?

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in Economy, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below):Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.But now, with spring fast approaching, it’s time to...

Investors Are Not Buying Up All the Homes

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2024. Posted in Economy, For Buyers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsThere’s a misconception Wall Street is buying all the homes on the market. But data proves that isn’t true.?Experts agree the share of homes bought by investors is declining – and most are smaller investors, like your neighbor who owns a second home, not Wall Street.No matter what you’ve heard, the majority of homes are still being purchased by everyday homebuyers like you – not big investors. Connect with an agent if you have questions.?

What’s Behind Today’s Mortgage Rate Volatility?

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2024. Posted in Agent Value, Economy, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster ride. One day rates are up; the next they dip down a bit. So, what’s driving this constant change? Let’s dive into just a few of the major reasons why we’re seeing so much volatility, and what it means for you.The Market’s Reaction to the ElectionA significant factor causing fluctuations in mortgage rates is the general reaction to the political landscape. Election seasons often bring uncertainty to financial markets, and this one is no different. Markets tend to respond not only to who...

Is Wall Street Really Buying All the Homes?

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2024. Posted in Economy, For Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight.But here’s the thing: that’s mostly a myth. While investors are part of the market, according to Redfin, they’re a relatively small part:Here’s what that means. Five out of every six homes are being purchased by everyday homebuyers like you – not big...

Q&A: How Do Presidential Elections Impact the Housing Market?

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2024. Posted in Economy, Home Prices, Infographics, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsEven if you’re not looking to move right away, you may have questions about how the election will impact the housing market.When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices and sales increase the year after the election.The facts show Presidential elections only have a small and temporary impact on the housing market.

Why Home Sales Bounce Back After Presidential Elections

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2024. Posted in Economy, For Buyers, For Sellers, Home Prices, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down.Election Years Bring a Temporary SlowdownIn any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s usually a slightly larger dip in home sales in the month leading up to Election Day (see graph below):Why? Uncertainty. Many consumers hold off on making major decisions or purchases while they wait to see how the election will play out. It’s a...

Category: Economy